Beautiful Virgin Islands

Friday, Sep 05, 2025

'Stop f---ing selling!!!' WallStreetBets Redditors go ballistic over GameStop's sinking share price

'Stop f---ing selling!!!' WallStreetBets Redditors go ballistic over GameStop's sinking share price

Reddit favorite GameStop (GME) isn't looking so hot this week and some of the stock's biggest backers are freaking out.
After selling off sharply all week, the stock fell another 42% Thursday.

"Stop f---ing selling GME," is the title of a thread on the WallStreetBets forum, home of the Reddit army that boosted the gaming retailer's stock price in recent weeks.

"We have the advantage. All we have to [do] is buy and hold shares," wrote one of the users.

Robinhood briefly placed restrictions on trades in GameStop last week. Both Citadel the hedge fund and Citadel Securities have both denied any role in this decision.

Elsewhere on the forum, another said: "To any [hedge fund] plants in the sub trying to break [WallStreetBets]: F--- you. I'm not selling. We're not selling."

The day traders chatting on Reddit who have propped up GameStop with their buying frenzy have inflicted serious pain on the hedge funds holding short positions in the company and betting the stock price would go down.

GameStop has fallen nearly 84% so far this week, although it is up almost 184% year-to-date.

Last week, the short squeeze forced hedge fund Melvin Capital to secure a more than $2 billion bailout from hedge fund Citadel to make ends meet. Making matters more confusing, Chicago-based Citadel Securities, a different entity owned by the same billionaire, Ken Griffin, is under scrutiny over its relationship with trading platform Robinhood that is popular with retail investors.

"Never forget that you were robbed by Citadel. They are, and will never be, your friend or a part of a healthy or just financial system," wrote a Reddit user.

Robinhood briefly placed restrictions on trades in GameStop last week. The online brokerage cited soaring financial requirements by its clearinghouse, which is responsible for clearing the trades its users make on the platform, and had to raise billions of dollars to stopgap its clearinghouse deposits.

Both Citadel the hedge fund and Citadel Securities have denied any role in Robinhood's decision to halt trading of certain stocks on its platform.

"Citadel Securities has not instructed or otherwise caused any brokerage firm to stop, suspend, or limit trading or otherwise refuse to do business," the company said in a statement to CNN Business.

"Citadel is not involved in, or responsible for, any retail brokers' decision to stop trading in any way," a spokesperson for the hedge fund added.

Professional investors are also keeping tabs on Reddit: Thinknum Alternative Data provides clients with real-time data on stocks being talked up on Reddit to avoid another short squeeze-ageddon.

"Q4 earnings will pop us. The question is, are enough people going to be holding to combat the shorts to force another squeeze," wrote one user.

The company's fourth-quarter earnings aren't due until March 25 — plenty of time for the stock to fall even more.

"I was told on my first day on Wall Street, 'you have no friends on Wall Street, and if you're told that you have friends, you're wrong,'" Mohamed El-Erian, chief economic adviser at Allianz, said on CNN Business' digital live show Markets Now this week.

The next chapter of the GameStop Reddit saga could be all about regulation. Treasury Secretary Janet Yellen is holding a meeting with Wall Street watchdogs looking into the phenomenon. What steps those regulators will be willing or able to take remains to be seen.
Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
Putin Celebrates ‘Unprecedentedly High’ Ties with China as Gazprom Seals Power of Siberia-2 Deal
China Unveils New Weapons in Grand Military Parade as Xi Hosts Putin and Kim
Queen Camilla’s Teenage Courage: Fended Off Attempted Assault on London Train, New Biography Reveals
Scottish Brothers Set Record in Historic Pacific Row
Rapper Cardi B Cleared of Liability in Los Angeles Civil Assault Trial
Google Avoids Break-Up in U.S. Antitrust Case as Stocks Rise
Couple celebrates 80th wedding anniversary at assisted living facility in Lancaster
Information Warfare in the Age of AI: How Language Models Become Targets and Tools
The White House on LinkedIn Has Changed Their Profile Picture to Donald Trump
"Insulted the Prophet Muhammad": Woman Burned Alive by Angry Mob in Niger State, Nigeria
Trump Responds to Death Rumors – Announces 'Missile City'
Court of Appeal Allows Asylum Seekers to Remain at Essex Hotel Amid Local Tax Boycott Threats
Germany in Turmoil: Ukrainian Teenage Girl Pushed to Death by Illegal Iraqi Migrant
United Krack down on human rights: Graham Linehan Arrested at Heathrow Over Three X Posts, Hospitalised, Released on Bail with Posting Ban
Asian and Middle Eastern Investors Avoid US Markets
Ray Dalio Warns of US Shift to Autocracy
Eurozone Inflation Rises to 2.1% in August
Russia and China Sign New Gas Pipeline Deal
China's Robotics Industry Fuels Export Surge
Suntory Chairman Resigns After Police Probe
Gold Price Hits New All-Time Record
Von der Leyen's Plane Hit by Suspected Russian GPS Interference in an Incident Believed to Be Caused by Russia or by Pro-Peace or by Anti-Corruption European Activists
UK Fintechs Explore Buying US Banks
Greece Suspends 5% of Schools as Birth Rate Drops
Apollo to Launch $5 Billion Sports Investment Vehicle
Bolsonaro Trial Nears Close Amid US-Brazil Tension
European Banks Push for Lower Cross-Border Barriers
Poland's Offshore Wind Sector Attracts Investors
Nvidia Reveals: Two Mystery Customers Account for About 40% of Revenue
Woody Allen: "I Would Be Happy to Direct Trump Again in a Film"
Pickles are the latest craze among Generation Z in the United States.
Deadline Day Delivers Record £125m Isak Move and Donnarumma to City
Nestlé Removes CEO Laurent Freixe Following Undisclosed Relationship with Subordinate
Giuliani Seriously Injured in Accident – Trump to Award Him the Presidential Medal of Freedom
EU is getting aggressive: Four AfD Candidates Die Unexpectedly Ahead of North Rhine-Westphalia Local Elections
Lula and Putin Hold Strategic BRICS Discussions Ahead of Trump–Putin Summit
WhatsApp is rolling out a feature that looks a lot like Telegram.
Investigations Reveal Rise in ‘Sex-for-Rent’ Listings Across Canada Exploiting Vulnerable Tenants
Chinese and Indian Leaders Pursue Amity Amid Global Shifts
European Union Plans for Ukraine Deployment
ECB Warns Against Inflation Complacency
Concerns Over North Cyprus Casino Development
Shipping Companies Look Beyond Chinese Finance
Rural Exodus Fueling European Wildfires
China Hosts Major Security Meeting
Chinese Police Successfully Recover Family's Savings from Livestream Purchases
Germany Marks a Decade Since Migrant Wave with Divisions, Success Stories, and Political Shifts
Liverpool Defeat Arsenal 1–0 with Szoboszlai Free-Kick to Stay Top of Premier League
Prince Harry and King Charles to Meet in First Reunion After 20 Months
Chinese Stock Market Rally Fueled by Domestic Investors
×